Property profile

1989 Eastwood Rd Wilmington, NC 28403

OFF-MARKET
Hotels
Property ID
US53-2098934
61,013 SF 3.02 ac lot Built 1996
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1996
Construction WOOD FRAME
Total area 61,013 SF
Lot 3.02 ac (131,551 SF)
Zoning code RB,REGIONAL BUSINESS
APN R05709-004-020-000
UPID US53-2098934

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Park

Location

1989 Eastwood Rd Wilmington, NC 28403-7214
Wilmington metro Census 11703 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.16M
Blend (final) Blend
$5.37M

Owner & transaction history

3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RB,REGIONAL BUSINESS · Wilmington, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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